Ripple & # 39; s Partnership with The Institute Of FinTech
One of the projects that Ripple and THUIFR are working on will be the launch of a blockchain technology research program for Chinese graduate students. The main areas that will be covered by this program are the development of blockchain technology and international regulatory policies. This will be one of Ripple Labs' many projects to establish relationships and communications with the world's leading universities.
Since China has always had a rigid position on blockchain technology, the analysis of blockchain policies and regulations within the region is of utmost importance. Even with strict regulations, the blockchain community in China has joined the blockchain revolution. Therefore, the development of the BRSP will encourage the promotion of blockchain technology in China. Ivy Gao, director of international cooperation and development of THUIFR, said:
"I think this program will promote future research on blockchain technology and career development in this field."
Eric Van Miltenburg, senior vice president of global operations at Ripple, said the THUIFR project will introduce a new generation of Chinese into the blockchain space and this is something that Ripple is not looking forward to. In his words:
"The goal of the program is to give Chinese students the opportunity to learn about blockchain research, it is in line with our global university blockchain research initiative." We at Ripple are happy to support this venture as we await launch ".
While many members of the blockchain community were enthusiastic about the news, others did not. A reditor with the username XRPingster said:
"In China, I do not think anything can happen without government control.The Chinese government has its fingerprints on everything that happens in the country.I do not think this is good for Ripple.China does not grant access. except when it has something to do with intellectual property.
Adopting Ripple technology in China Boost XRP?
It is important to note, however, that the Chinese government's rigid position on Bitcoin and cryptocurrency as a whole will make it rather difficult for Ripple Labs to penetrate the Chinese market to talk less about promoting a peak in the adoption of XRP.
Do you think that penetration in the Chinese market will lead to a push in the adoption of XRP? Share your thoughts.